GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ashapuri Gold Ornament Ltd (BOM:542579) » Definitions » Accounts Receivable

Ashapuri Gold Ornament (BOM:542579) Accounts Receivable : ₹297 Mil (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Ashapuri Gold Ornament Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ashapuri Gold Ornament's accounts receivables for the quarter that ended in Mar. 2024 was ₹297 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ashapuri Gold Ornament's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 53.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ashapuri Gold Ornament's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹1.47.


Ashapuri Gold Ornament Accounts Receivable Historical Data

The historical data trend for Ashapuri Gold Ornament's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ashapuri Gold Ornament Accounts Receivable Chart

Ashapuri Gold Ornament Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 103.61 102.80 206.35 152.78 297.05

Ashapuri Gold Ornament Quarterly Data
Mar18 Nov18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 152.78 - 246.04 - 297.05

Ashapuri Gold Ornament Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Ashapuri Gold Ornament Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Ashapuri Gold Ornament's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=297.047/507.033*91
=53.46

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Ashapuri Gold Ornament's accounts receivable are only considered to be worth 75% of book value:

Ashapuri Gold Ornament's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.636+0.75 * 297.047+0.5 * 537.031-54.869
-0-0)/296.531
=1.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Ashapuri Gold Ornament Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Ashapuri Gold Ornament's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashapuri Gold Ornament (BOM:542579) Business Description

Traded in Other Exchanges
N/A
Address
C.G. Road, 109 to 112A, 1st Floor Supermall, Near Lal Bunglow, Ahmedabad, GJ, IND, 380009
Ashapuri Gold Ornament Ltd Is a manufacturer and wholesaler of gold jewellery. It offers a wide range of jewellery products in 22-carat gold ornaments such as Choker Set, Toda Set, Long Set, Pota Jewellery, Saloya, and Bracelet. In addition, it also offers Temple Collection, Moti Set, BikaneriMeena and RaniHaar.

Ashapuri Gold Ornament (BOM:542579) Headlines

No Headlines